Established executives are often resistant to strategic reorientations (Miller, 1991; Wiersema & Bantel, 1992). Drawing on the upper echelons perspective, latest research unveils the important role of CEO turnover in enhancing firms’ entrepreneurial orientation (EO) (Li et al., 2008; Grühn et al., 2016). However, research on entrepreneurship lacks an understanding of the impact of collective top management team (TMT) turnover on EO. Consequently, this study aims at answering a critical question for advancing EO and TMT research: What is the association between collective TMT turnover and changes in EO?
Sprinkmeyer, Christian and Brettel, Malte
"TOP MANAGEMENT TEAM TURNOVER – A CURSE OR A BLESSING FOR LARGE FIRMS’ ENTREPRENEURIAL ORIENTATION? (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 37
, Article 11.
Available at: https://digitalknowledge.babson.edu/fer/vol37/iss13/11